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                        FRIDAY, JANUARY 19, 2018
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Debt restructuring deal tantamount to default, 2 ratings agencies say
Journal Staff Report

KIEV, Aug. 28 - The debt restructuring deal Ukraine has struck with a group of creditors was seen Friday as tantamount to a default of payment, according to ratings agencies Fitch and Standard & Poor's, AFP reported.

Fitch lowered Ukraine's rating of long-term public debt from "CC" to "C," after the deal was announced Thursday because it led to major losses for the bondholders.




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Currencies (in hryvnias)
  19.01.2018 prev
USD 28.78 28.67
RUR 0.507 0.507
EUR 35.21 34.98

Stock Market
  18.01.2018 prev
PFTS 330.8 334.2
source: PFTS

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